Earnings

Deere reported weaker-than-expected earnings on Friday as rising costs take a bite out of the tractor company’s bottom line. Deere posted adjusted earnings per share of $2.59 for its fiscal third quarter. Analysts at Reuters expected a profit of $2.75 per share. CEO Samuel Allen said the company “continued to face cost pressures for raw

Applied Materials, the world’s largest supplier of equipment used to make chips, forecast current-quarter profit and revenue below Wall Street estimates, adding to fears that a two-year chip boom may be losing steam. Shares of the company, whose results are seen as the bellwether for the chip industry, were down 4 percent at $45.55 in

Walmart is set to report second-quarter earnings before the bell on Thursday. Here’s what analysts are expecting, based on a survey by Thomson Reuters: * Earnings per share: $1.22* Revenue: $125.97 billion* Same-store sales: an increase of 2.2 percent Walmart has been focused on bulking up its online platform to compete with its biggest rival,

JD.com, China’s second largest e-commerce firm, reported a 31.2 percent rise in second-quarter revenue on Thursday, falling short of analysts’ estimates after a worse-than-expected sale season. The firm posted revenue of 122.3 billion yuan ($17.73 billion) for the quarter ended June 30, compared with analysts’ estimate of 122.7 billion yuan according to Thomson Reuters I/B/E/S.

Home Depot on Tuesday reported second-quarter earnings and sales that far surpassed expectations, reaping the benefits of a warmer start to the summer. The home improvement retailer, which had a rocky spring season, also raised its outlook for revenue and same-store sales for the full year, saying the number of customer transactions jumped during the

Macy’s shares tumbled Wednesday morning despite the department store operator reporting quarterly earnings and sales that topped analysts’ expectations and hiking its forecast for the full year. Amid tax reform and strong employment, consumers have been spending more across the U.S. and are expected to do so through this holiday season. However, Macy’s is still

Nvidia shares have had an unusually good year, rising 32 percent versus an 8 percent gain in the semi-tracking SMH ETF. It’s the second-best performing chip stock in the S&P 500 this year, behind AMD. Ahead of the Nvidia quarterly earnings on Thursday afternoon, options traders are predicting some unusual behavior. Stacey Gilbert, head of

Tapestry reported quarterly earnings and revenue that beat analysts’ expectations on Tuesday, driven by strong performance of its Kate Spade brand. Shares of the company rose more than 4 percent in premarket trading. The company, formerly known as Coach, bought Kate Spade last year in a $2.4 billion deal, but has struggled to rein in

Shares in German meal-kit delivery firm HelloFresh slumped on Monday after it said it no longer expected to break even in the fourth quarter of this year as it plans to invest margin profits to support growth. HelloFresh added it now planned to achieve such break-even on adjusted earnings before interest, taxes, depreciation and amortization

German sportswear firm Adidas reported stronger-than-anticipated second-quarter net profit on Thursday, with the company saying it remains firmly on track to hit its full-year targets despite taking an impairment charge on its struggling Reebok brand. Net profit over the second quarter rose 20 percent to 418 million euros ($485 million), beating analyst expectations of 387

Yelp’s second-quarter results blew past Wall Street expectations, fueled by a 21 percent surge in advertising revenue. The online business reviews company raised its profit forecast for the year and its stock soared almost 14 percent in after-hours trading. The San Francisco-based company on Wednesday reported net income of $10.7 million, or 12 cents per

Roku on Wednesday topped Wall Street estimates for quarterly revenue as its strategy to focus on its ad-supported platform paid off, with more viewers spending longer hours streaming content. Shares of Roku, which made a spectacular debut on the Nasdaq last year, rose as much as 9.2 percent in after-hours trading after the company said

Dropbox said on Thursday that its chief operating officer, Dennis Woodside, is stepping down. The company isn’t naming a successor but is announcing two executive promotions. Dropbox stock rose and then fell more than 5 percent after the company also announced better-than-expected earnings for the second quarter. Dropbox will hold a conference call with analysts

WeWork, the fast-growing coworking company gobbling up commercial office leases, said on Thursday its second-quarter sales more than doubled from a year earlier as it added new members at a quickening pace, but losses also mounted. The company also said it raised an additional $1 billion from Japan’s SoftBank. In its first ever release of

News Corp topped Wall Street profit targets on Thursday, as it benefited from gains at its newly acquired TV network and recorded double-digit growth in its real-estate listings and book publishing businesses. News Corp’s subscription video services division that includes Australian pay TV company Foxtel — acquired by Rupert Murdoch-controlled News Corp earlier this year

Media company Viacom reported a 3.7 percent fall in quarterly revenue on Thursday due to a drop in domestic advertising sales and fees it collects from cable TV operators. Net income attributable to Viacom, which is exploring a merger with CBS, fell to $522 million, or $1.29 per share, in the third quarter ended June

Yelp shares jumped after the online review website reported a better-than-expected profit. The company’s shares are up 18 percent Thursday, a day after it posted second-quarter earnings-per-share of 12 cents versus the 1 cent Thomson Reuters consensus. Yelp also reported sales of $235 million for the quarter versus Street expectations of $232 million. The company

Michael Kors is just the latest beneficiary of an apparent lift in spending on luxury goods, thanks to a strong economy in the U.S. that has boosted consumer confidence and kept the unemployment rate at record lows. The handbag retailer, which also owns Jimmy Choo, on Wednesday raised its earnings outlook for the full year,

The New York Times reported a better-than-expected quarterly profit but the company added fewer paid digital subscribers, sending its shares down about 5 percent in premarket trading. The company added 109,000 paid digital subscribers in the second quarter, compared with 114,000 a year earlier, when it offered heavy discounts for annual subscriptions. Digital advertising revenue,

It didn’t take long for Papa John’s shares to tank and the finger pointing to begin. The company’s shares plummeted by almost 12 percent in aftermarket trading Tuesday after the pizza chain released second-quarter earnings that missed nearly every key estimate tracked by Wall Street — profit, revenue, same-store sales — and said its pizza

Marriott International on Monday signaled weakness in revenue per available room (revPAR) in North America, its largest market, for the third quarter, sending shares of the world’s largest hotel chain down about 4 percent. The company expects revPAR, an important metric that measures a hotel chain’s health, to increase by 1.5 percent to 2 percent

Companies are on pace to post the most earnings beats in at least a decade, according to John Butters, senior earnings analyst at FactSet. Butters said in a note that 80 percent of the S&P 500 companies that have reported quarterly results through Friday have posted better-than-expected earnings. “If 80% is the final number, it

Berkshire Hathaway, the conglomerate run by billionaire Warren Buffett, on Saturday said quarterly operating profit rose 67 percent, as insurance underwriting rebounded and several business units benefited from a growing economy. Results easily topped analyst forecasts. Underwriting profit at the Geico auto insurance unit more than quintupled, the BNSF railroad benefited from demand to ship

American International Group reported second quarter profit that fell well short of expectations, sparking an after-hours sell off in its shares. As of 4:21 p.m., AIG shares had fallen 6 percent and were on track for their worst day since February 2017. The insurance giant reported adjusted earnings per share of $1.05 for the quarter

CBS’s quarterly results topped Wall Street targets and CEO Les Moonves delivered an upbeat message to investors about the media company’s future on Thursday, without addressing allegations of sexual misconduct against him reported last week. At the start of an analysts conference call on CBS earnings that was also broadcast on business television network CNBC,

Shake Shack said on Thursday that delays in new restaurant openings would slow revenue growth this year, disappointing Wall Street which was expecting the company to raise its guidance. Shares of the burger chain, which have risen 31 percent in the last three months, fell 5.5 percent to $60.50 in extended trading. The company maintained

Toyota Motor on Friday said higher U.S. auto tariffs would ramp up the cost of vehicles produced locally along with those imported to the United States from Japan, which would have a “big impact” on its bottom line. Like its global rivals, Toyota is bracing for the possibility of a rise in U.S. auto import

Kraft Heinz topped quarterly profit and revenue estimates as the Tater Tots maker raised product prices and posted higher-than-expected sales from the United States, sending its shares up 4 percent in early trading. Many packaged food companies have been forced to nudge prices up in recent months to combat surging commodities and transportation costs. Prices

Investors are loving Take-Two Interactive’s latest financial results. The shares of the game publisher are up 12 percent in Friday’s premarket session, a day after it reported June quarter non-GAAP earnings per share of 12 cents versus the Wall Street consensus of 7 cents. Take-Two also posted adjusted revenue of $288 million for the quarter

GoPro reported second-quarter results that beat analysts’ expectations on Thursday. Here’s how the company did compared with Thomson Reuters consensus estimates: Loss per share: 15 cents vs. 22 cents expected Revenue: $282.7 million vs $270.2 million expected The stock was up as much as 10 percent in after-hours trading before giving up those gains and